Globe Telecom has introduced its new Globe Starlink service, delivering mobile connectivity to areas outside the reach of traditional cell sites, following its official launch in January and successful pilot tests earlier this year.
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market.
Inflation eased for a second straight month in June, offering consumers and businesses some relief from elevated prices, but a pickup in underlying price pressures could keep the Bangko Sentral ng Pilipinas (BSP) on course for another interest rate increase.
President Ferdinand Marcos Jr. returned from Canada with USD2.5 billion in investment commitments, betting that the Philippines' next wave of growth will come not only from traditional sectors but also from artificial intelligence, critical minerals, nuclear energy and even space.
Fresh Canadian mining investments and deeper cooperation on critical minerals and clean energy are set to bolster the Philippines' drive to become a preferred destination for responsible mining while creating jobs and supporting the global energy transition.